In certain businesses, I would say 10 failures to one…
“In certain businesses, I would say 10 failures to one success is a perfectly acceptable ratio. Because the failures die pretty quickly, they're not that expensive, and the successes can be really huge.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
High failure rates can be acceptable when each failure is cheap and a rare success yields huge returns.
In simple terms: Many cheap failures are okay if a big win follows.
Key Takeaway
Embrace cheap experiments, aim for big wins.
Themes
risk
innovation
entrepreneurship
Mood
pragmatic
analytical
Type
business
strategy
When to use this quote
- startup funding
- product development
- R&D
- marketing campaigns
Key Concepts
cost‑benefit analysis
failure tolerance
Questions to Reflect On
- How can you keep failures cheap?
- What metrics identify a “huge” success?
A Different Perspective
If failures become costly, the ratio becomes unsustainable.